Kyle Moore
Financing Second Airbnb House Hack
Hello all,I am currently “house hacking” a single family residence with Airbnb. I rent out 4 rooms while living in the 5th bedroom in a separate suite. This produces significant cash flow each month and I am living in...
James Cramer
Section 8 Rent Formula
Greetings,I am looking for how Section calculates how much rent they are willing to pay. I know it is has to do with fair market rent, but there is a a lot of wiggle room in that because they have a checklist of amen...
Omaree G.
Transfer title and tax
Hello!
I just recently purchased my first buy and hold investment property. Currently, I am in the process of transferring/titling into my LLCs name. My first question, in your opinion and experience, what are some i...
Nelson Paredes
Private lending loan requirements
Good day,
I'm a novice investor from Canada and recently found a private lender contact through a private facebook group for real estate investors in Canada. Since the lender seems to be from Las Vegas I went and ch...
Moe Garcia
Hello New Member from New Jersey
I am Nick Garcia, my friends call me Moe . My day job right now, is a High School teacher for student with Autism and severe Intellectual disabilities. My Wife is also in education as a Teacher consultant ( testing st...
Derek Daun
Homeowner exclusion or Split 1031 on a SFH with a tenant/roomate?
I'm curious how I would treat gains if I sell my primary residence taking into the account that I rent part the house out. Additionally, I'm wondering if there's anything differently I should be doing now for taxes.S...
John Mich
Need some advice on conforming loans
Hello All,I recently used cash to purchased a property (Green St Property) in my wife's name using the proceeds from the sale of a house in my name. Our plan is to do a cash-out refi in her name only, after the 6 mont...
Alex Lee
203k Loan Considerations
I'm looking into buying a massive fixer upper in New Jersey. I was playing with the idea of selling my condo, taking 300k of the equity to put a down payment towards a house listed at 660k.I'm assuming the reno will r...
Scott W.
Put in an offer
This is from BofA. Close date 12/14. Cash purchase. Listed at $70k; they took an offer but fell thru. I was next in line at $55k. They countered at $68,800. The listing agent (who is also my agent) suggested stay at ...
Caroline Gerardo
Many Times I Said Don't Waste Your Money on LLC Vesting. Now this:
Furniture for Sale From Luxury LLC Corp. $1.
Sorry to tell all the cottage industry attorneys and gurus on BP that owning or vesting in a LLC no longer keeps your identity secret. It really never did. If you appl...